My Technical Analysis Diary. . . . .Invest in stocks only after you have done your own Risk Management

Third serious attempt at 6350 !

Nifty is now making third serious attempt to break 6350. As discussed earlier Nifty above this level it is giving signal of next bull phase. Considering that Nifty rallied on the expiry day it can be considered as trend decider.

However I will wait for it to break 6350 to become really bullish.

There are many stocks like Tata steel which are at good valuations even as index is nearing lifetime high